Form 990 for tax year 2024
Filed by CLOVER PARK TECHNICAL COLLEGE FOUNDATION.
Totals
- Total revenue
- $502,180
- Total expenses
- $301,701
- Contributions and grants received
- $443,168
- Grants paid
- $243,362
- Program service revenue
- $11,933
- Investment income
- $67,136
- Other revenue
- -$20,057
- Total assets, end of year
- $3,582,911
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $3,582,911
- Program services expenses (Part IX)
- $256,222
- Management and general expenses
- $45,479
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $256,222
Program services were 84.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$92,379
-
1f · All other contributions, gifts and grants
$350,789
-
1g · Noncash contributions included above
$99,309
-
2a · Program service revenue: VENDING MACHINE INCOME
total $8,919 · related or exempt $8,919
-
2b · Program service revenue: PROGRAM INCOME
total $3,014 · related or exempt $3,014
-
3 · Investment income
total $70,986 · excluded $70,986
-
7a · Gross sales of assets other than inventory
other assets $1,800
-
7b · Less cost or other basis and sales expenses
other assets $5,650
-
7c · Gain or loss
other assets -$3,850
-
7d · Net gain or loss
total -$3,850 · excluded -$3,850
-
8a · Fundraising events: gross income
$22,254
-
8a · Fundraising events: contributions included on line 1c
$92,379
-
8b · Fundraising events: direct expenses
$42,311
-
8c · Net income from fundraising events
total -$20,057 · excluded -$20,057
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $78,210 · program services $78,210
-
2 · Grants to domestic individuals
total $165,152 · program services $165,152
-
11c · Fees: accounting
total $24,400 · management and general $24,400
-
11f · Fees: investment management
total $14,666 · management and general $14,666
-
13 · Office expenses
total $454 · management and general $454
-
19 · Conferences, conventions and meetings
total $1,258 · management and general $1,258
-
23 · Insurance
total $1,572 · management and general $1,572
-
24a · Other expenses: SUPPORT COLLEGE PROGRAM
total $12,860 · program services $12,860
-
24b · Other expenses: DONOR RECOGNITION
total $921 · management and general $921
-
24c · Other expenses: BANK SERVICE FEES
total $737 · management and general $737
-
24d · Other expenses: HOSPITALITY
total $501 · management and general $501
-
24e · All other expenses
total $970 · management and general $970
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $650,667 · end of year $260,155
-
4 · Accounts receivable
beginning of year $11,341 · end of year $1,358
-
8 · Inventories for sale or use
beginning of year $46,470 · end of year $41,819
-
11 · Investments: publicly traded securities
beginning of year $2,451,759 · end of year $3,279,579
-
27 · Net assets without donor restrictions
beginning of year $1,053,192 · end of year $1,319,940
-
28 · Net assets with donor restrictions
beginning of year $2,107,045 · end of year $2,262,971
Mission and programs · 2024
Mission
TO ASSIST CLOVER PARK TECHNICAL COLLEGE STUDENTS AND PROGRAMS.
Activities or mission (Part I)
CPTC FOUNDATION ENSURES THE OPPORTUNITY FOR THE EDUCATION OF TOMORROW'S WORKFORCE.
-
PROVIDE SCHOLARSHIPS TO STUDENTS FOR TUITION, BOOKS AND SUPPLIES AS WELL AS STAFF AND FACULTY AWARDS FOR OUTSTANDING WORK AND COMMITMENT TO THEIR JOBS.
Expenses $111,531 · Grants $111,531
-
PROVIDE EMERGENCY GRANTS TO STUDENTS AT CLOVER PARK TECHNICAL COLLEGE FOR SHELTER, UTILITIES OR OTHER NEEDS THAT WILL ENABLE THE STUDENT TO CONTINUE THEIR EDUCATION.
Expenses $39,487 · Grants $39,487
-
PROVIDE ASSISTANCE TO COLLEGE PROGRAMS THROUGH EQUIPMENT DONATIONS TO ASSIST STUDENTS IN PRACTICAL TRAINING FOR THEIR VOCATION; PROVIDED CASH TO SPECIFIC PROGRAMS FOR SUPPLIES AND OTHER NEEDS.
Expenses $14,134 · Grants $14,134
-
PROVIDE ASSISTANCE TO COLLEGE PROGRAMS THROUGH DONATED GOODS FOR ACADEMIC USE.
Expenses $91,070 · Grants $78,210 · Revenue $11,933
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David HarknessDAVID HARKNESS
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 2
-
Kathryn SmithKATHRYN SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kris ShegrudKRIS SHEGRUD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Lucas HolmLUCAS HOLM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Caroline HenryCAROLINE HENRY
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 2
-
Harley MobergHARLEY MOBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Joe LydicJOE LYDIC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Amelia GraysonAMELIA GRAYSON
EX OFFICIO DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Thushari GooneratneTHUSHARI GOONERATNE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dr Joyce LovedayDR JOYCE LOVEDAY
EX OFFICIO DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Cathy PurcellaCATHY PURCELLA
EX OFFICIO DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Samantha DanaSAMANTHA DANA
EX OFFICIO DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Bill HamiltonBILL HAMILTON
EMERITI DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Sharon McGavickSHARON MCGAVICK
EMERITI DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Eli TaylorELI TAYLOR
TRUSTEE LIAISON
- Total calculated
- $0
- Hours/week
- 2
-
Nancy SternitzkyNANCY STERNITZKY
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Mary GreenMARY GREEN
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Thuli LushabaTHULI LUSHABA
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
CLOVER PARK TECHNICAL COLLEGE
$0
TO PROVIDE TOOLS AND SUPPLIES FOR COLLEGE PROGRAMS
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CLOVER PARK TECHNICAL COLLEGE
TECHNICAL INSTITUTE-HIGHER EDUCATION · WA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513119349302436
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